Master trusts will have just one chance to demonstrate to The Pensions Regulator (TPR) that they should be authorised under the upcoming regime, the watchdog has said.
From October, the UK's 81 master trusts will need to apply for authorisation under a stringent regime aimed at ensuring the governance and financial backing of master trusts meets five criteria. However,...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.